They seem to be under no hurry to bring in the personal insolvency bill.
Also I expect new beginnings to litigate any new legislation all the way to the supreme court.
I think new beginnings has fallen to the dark side somehow, David Hall is on twitter about Alan Shatters plans to help banks at the cost of the people of Ireland and Justice.
David has a new group going gave up on new beginnings, I don't know what its called. Rossa Fanning can't seriouly work for a bank throwing a family out of its home on one day and claim a new beginning the next day.
David Hall is a great guy to follow on twitter he has his finger on the dying pulse of Ireland.
More detailed article in Business post.
Perhaps the casino industry, for whom he is the chairman of their representative body, will help to quicken a lot of the dying pulses around the place
I don't understand the outrage in response to this reported announcement.
Nobody is suggesting people can stay in their homes or keep their investment properties without paying nothing. It is about balance. If people cooperate with the bank, sell the asset, give up their home, that should be closure, or at least closure should be in sight.
Nobody is suggesting people can stay in their homes or keep their investment properties without paying nothing. It is about balance. If people cooperate with the bank, sell the asset, give up their home, that should be closure, or at least closure should be in sight.
I suppose I am one of the people Delboy’s talking about I do want to keep everything and feel totally entitled to it.
I don’t want to give anything to anyone I consider beneath contempt, liars and thieves.
I made the bank offer after offer; I paid professionals to prepare offers with me. Everything fell on deaf ears. The greed and arrogance of the bankers I encountered was mind blowing.
I went to the first meeting alone and have never done so since I was all but assaulted. If someone threatened and abused me in such a manner in any other situation I would have phoned the Gardai and I am still sorry I didn’t phone them.
What you have here is a totally lawless wreck less train crash of an industry bringing everyone else down with them, and the government has their backs which makes it even worse.
There is no balance and no justice. The banker I had been trying to deal with lied continually in almost every sentence.
I completely fail to comprehend how letting these out of control cowboys wreck the county ruin lives destroy families, and businesses, make Ireland a third world country will improve anything.
There seems to be a lot more who think people should be chased to their dying days to pay back the balance even if people give up their home. No wonder, so many choose the dole or moving abroad.sorry to contradict you, but there's an awful lot of people on here (a lot of them being new members of AAM) who are arguing exactly for that.....borrower gets to keep their home house, their BTL's etc and get mortgage debt write off on all. They believe there should be no repossessions at all.
Read through this forum and 1 or 2 others and this will quickly become apparent
It's articles like this that make me grateful for the opportunity I have to emigrate next year.
I do want to keep everything and feel totally entitled to it.
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. It is about balance. If people cooperate with the bank, sell the asset, give up their home, that should be closure, or at least closure should be in sight.
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There seems to be a lot more who think people should be chased to their dying days to pay back the balance even if people give up their home. No wonder, so many choose the dole or moving abroad.
So Delboy, can you accept the concept of reckless lending and if a bank is guilty of reckless lending, they should be held equally accountable if a loan is in trouble?